Welcome to the site @Elizabeth San Miguel Great to have you here

@Elizabeth Garcia glad to help.

He is also giving me 2 parking spaces, Free H20 hook up, a place to store and use a BBQ even though stove and oven inside unit with peninsula island, Vaulted 12 foot high living room with pull out additional queen size couch and flat screen tv, free wifi and satellite TV, Full size fridge and Microwave even alarge MBR closet that holds washer and dryer stackable(but the owner will let me use a new washer and dryer he has on land for free!

That's obviously no what happened.I agree with everything in Elizabeth's post except that I wouldn't recommend using the listing agent.

Elizabeth - Are you saying you used 5 FHA loans in a row?

I am currently looking in the markets I invest in which are the urban towns in NJ, Newark, Irvington, East Orange, and Elizabeth where I have a good local knowledge of the market.

Elizabeth Colegrove , I will call my mortgage guy at the bank to see if I can get a 5% down conventional loan.

Considering all the interruptions from super models and beauty queens from the 60's calling me to go out, I don't know if I can post 600 more times before the ball drops!

@Elizabeth C: How did you manage to find a lender that only requires 15% down on investment properties?  

Elizabeth Colegrove highlights the prospects of the opportunity well in her post above.